Educational Properties Ii Inc

Organization Overview

Educational Properties Ii Inc is located in Brooklyn Park, MN. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Properties Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Educational Properties Ii Inc generated $188.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $426.3k during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO NOBLE ACADEMY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWN AND LEASE PROPERTY BACK TO NOBLE ACADEMY.


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Board, Officers & Key Employees

Name (title)Compensation
Chai Vang
Chair
$0
Kyle Knudson
Treasurer
$0
Neal Thao
CEO
$0
Mike Pocrnich
Former Treasurer
$0
Leng Vang
Former Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$591,037
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$402,249
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $188,788

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